$4,722

Avg. Federal Grant

$3,414

Avg. Federal Loan

$7,045,367

Total Aid Awarded

Atlanta Metropolitan State College (AMSC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

72%

Total Aid Amount Average Total Aid Awarded per year.

$7.045M

Financial Aid Official Website

www.atlm.edu/students/financial-aid.aspx

As many as 92% of the students at AMSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,415,420 in a year. One can visit AMSC's financial aid page at http://www.atlm.edu/students/financial-aid.aspx for more information. Notably, a total of 86% of the applicants to Atlanta Metropolitan State College receive the Federal Grant every year. In comparison, 88% of the students are awarded the Student Grant, 2% get the Institution Grant, and 86% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,569, the State Grant receivers and Institution Grant beneficiaries get $2,216 and $2,168, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,516. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Atlanta Metropolitan State College, the percentage of candidates who opt to avail of student loans is around 17%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

13%

Institution Grant Aid

8%

Pell Grant

87%

Average Aid Awarded

Federal Grant Aid

$4,722

State Grant Aid

$2,222

Institution Grant Aid

$5,013

Pell Grant

$4,673

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,475

$30,001 - $48,000

$4,713

$48,001 - $75,000

$1,851

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Atlanta Metropolitan State College (AMSC)

Average Loan Amount Average Loan Amount received per year.

$3,414/Year

Students Taking Out Loans

23%

Loan Default Rate

18.7%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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